Half of the winemakers in Germany are at risk of disappearing

German wine production is in a deep crisis. The sector is suffering from low producer prices and high production costs. Demand is falling, supply is rising, and many German wine producers are facing the closure of their operations. Forecasts indicate that 50 to 60% of them are facing bankruptcy, writes Agrarheute.com. "The European wine industry is experiencing a deep structural crisis," begins the letter from the German Winegrowers' Association to Agriculture Minister Alois Rainer. Wholesale wine prices are currently at their lowest levels, according to data from industry organizations. New leader of the global dessert grape market In 2024, wine producers are receiving only 60 euro cents per liter for bulk wine, and this year, struggling wineries will have to sell for as little as 40 euro cents per liter. This cannot be compared to production costs of 1.20 euros per liter. Joachim Rukwid, President of the German Farmers' Association, who also cultivates vineyards, confirmed the ...